This Week’s Quote: “It is a melancholy truth, that a suppression of the press could not more completely deprive the nation of its benefits, than is done by its abandoned prostitution to falsehood.” —Thomas Jefferson

This Week’s Quote: “[W]e published a whole series of studies of regulation and its effects. Almost all the studies–perhaps all the studies–suggested that the results of regulation had been bad, that the prices were higher, that the product was worse adapted to the needs of consumers, than it otherwise would have been…I can’t remember one that’s good…There were so many studies, and the result was quite universal: The effects were bad.” —Ronald Coase